390 Nw 53rd St, Boca Raton

390 Nw 53rd St is a 3,375 sq ft Single Family in Boca Raton. It was built in 1987. 390 Nw 53rd St sits on 0.33 acres of land. In 2015 similar properties sold for between $482,509 and $701,282. We estimate the income value of 390 Nw 53rd St at $20,571. The assumptions we used to calculate this value are include in the spreadsheet linked below. Boca Raton is in Palm Beach County, Florida.

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390 Nw 53rd St Property Summary

390 Nw 53rd St
Boca Raton
FL 33487

Property Size:3,375 sq ft
Year Built:1987
Property Class:B4
Lat, Long: 26.396, -80.087

Not Offered for Sale

This property is not currently for sale by Visulate but we may be able to find something similar. Contact us for details.

Google Street View  of 390 Nw 53rd St, Boca Raton, FL 33487
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Visulate is a real estate brokerage based in Merrit Island, Florida. We have assembled a database with details of every property in Florida. Finding the property on our site does not necessarily mean it is for sale or rent at this time.

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Estimated Value: 390 Nw 53rd St

Market Data

In 2015 class A single family properties in Boca Raton sold for $174.07 to 901.64 per sq ft with a median price per sq ft of $214.69. Class B properties sold for $119.76 to 174.06 per sq ft with a median of $143.67 and class C properties sold for $10.27 to 119.75 per sq ft with a median of $110.42.

Market Valuation

390 Nw 53rd St appears to be a B Class property. Suggested value: $578,841

Value701,282 578,841 482,509

Income Valuation - Residential/Gross Lease

Visulate estimates the income value of this property is $20,571. Details of how we produced this estimate value appear below:

The income value of a property identifies its value as a rental property, Value = Rent - Expenses / Cap Rate. The following table shows four different rent estimates for 390 Nw 53rd St:

  • The Household Income estimate assumes the tenant has a total household income of $81,521 and spends 36% of this on rent. The household income estimate is derived from census data and tax records.
  • The Household Income - Renters estimate performs a similar calculation based on the household income of renters rather than all households.
  • The Market Rents estimate evaluates this property in comparison to rental properties in the area.
  • The Price/Ft estimate uses the size of the property to estimate its rent.

Click on a rent value to download a spreadsheet that estimates the NOI (net operating income), cash on cash return, income value and IRR (internal rate of return) for this property.

Valuation ModelMonthly Rent
Household Income - All Households $2,446
Household Income - Renters $1,880
Market Rents $1,626
Price/Ft $2,225

Expense Estimates:

  • Census data records show 5% of the rental properties in this area are vacant. We've added a 5% bad dept allowance to this.
  • Maintenance costs are estimated based on the size of the property.
  • The property tax estimate uses the average millage rate for the county. It does not include adjustments for city or unincorporated areas. Actual taxes may vary.
  • Insurance estimates are based on the size and location of the property. They are not adjusted for age, flood zone or other risk factors
  • We don't have a way to estimate HOA fees. These should be added manually

The following table shows a income valuation estimate for 390 Nw 53rd St. Download a spreadsheet or click on the Estimate Cashflow link to change its estimates and assumptions. Alternatively, click on the Save button to upload a copy of the spreadsheet to Google Drive.

Monthly Rent1,626
Annual Rent per Sq Ft6.00
Gross Annual Rent19,507
Vacancies and Bad Debt10%
Vacancies and Bad Debt Amount1,951
HOA, Utilities and CAM0
Property Taxes8,968
Management Fees1,951
Cap Rate7
Estimated Value20,571
Edit Values and Estimate Cashflow Estimate Cashflow
Save to Google Drive (Google login required)

Page 1 of 2. Click on the Estimate Cashflow link to navigate to Page 2.

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Select a county from the list then click on the links to connect to the Property Appraiser or Clerk of Courts website

Local Household Income

The median household income in this part of Florida is $95,812. The bottom 10% of the population earn less than $27,707 per year. The top 10% earn more than $356,660 per year. The top 1% earn more than $682,110 per year. Most renters earn between $39,432 (20th percentile) and $73,884 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $191,624 and $239,530.

The tax assessed value of this property places it in percentile 43 of all properties in this area. This suggests it would appeal to someone earning around $81,521 per year who should qualify for a mortgage between $163,042 and $203,803.

Source: US Census American Community Survey - 2008-2012 ACS 5-year PUMS estimates

Local Rents

The median monthly rent in this part of Florida is $1,432. Most renters earn between $3,286 and $6,157 per month. They typically spend 36% of their monthly income on rent. Most rents fall in the $1,042 (20th percentile) to $2,015 (80th percentile) range. The residential vacancy rate is 5%.

This property falls in percentile 43 of all properties in this area. This corresponds to a rent of $1,335 per month and a monthly household income of $4,199 ($50,388 per year)


  1. 390 Nw 53rd St, Boca Raton, FL on Zillow
  2. Recent Sales near 390 Nw 53rd St, Boca Raton, FL on Realtor.com
  3. 390 Nw 53rd St, Boca Raton, FL on Google Maps
  4. 390 Nw 53rd St Walkscore
  5. Boca Raton, FL Property Values on Trulia
  6. Search for EPA and DEP Cleanup Sites

Owner Details

Companies near this Address

  1. Emerick Property Care LLC (299 Nw 52nd Ter)
  2. Peter Santolalla Inc (299 Nw 52nd Ter)
  3. Cape Property Investment, Inc. (299 Nw 52nd Ter)
  4. Regata Property Investment, Inc. (299 Nw 52nd Ter)
  5. Duk Construction Inc. (299 Nw 52nd Ter)
  6. Platinum Real Estate Group, LLC (5151 W Club Cir)
  7. Yager Ent LLC (5151 W Club Cir)
  8. Under Pressure Power Washing LLC (5151 W Club Cir)
  9. G-Town Family Investments LLC (330 Nw 53rd St)
  10. Biopetroleum, Inc (450 Nw 53rd St)
  11. Gulfstream Petroleum Group, Inc. (450 Nw 53rd St)
  12. Redsolution, Inc. (508 Nw 53rd St)
  13. Ryan'S Enviroclean, Inc. (469 Nw 53rd St)
  14. Monfleur Inc. (301 Nw 53rd St)
  15. Sse Concepts Inc (301 Nw 53rd St)
  16. Visa Executive Inc. (499 Nw 53rdstreet)
  17. Shark Holding Group, LLC (450 Nw 53 St)
  18. Daly Floors And More, LLC (5201 West Club Circle #106)
  19. New Path Services Corp (299 Nw 52 Ter)

Sales History

DateSold BySold ToDeed TypePrice
11/01/2014 Not Recorded Buyer: 2401398 Unknown 572,500.00
Disclaimers and Disclosures

Public Records Data

The information on this page was compiled from public records. It is deemed reliable but not guaranteed to be an accurate snapshot of the property details at the time the snapshot was taken. All information should be independently verified.

The Visulate site was produced from data and information compiled from recorded documents and/or outside public and private sources. Visulate is not the custodian of public records and does not assume responsibility for errors or omissions in the data it displays or for its misuse by any individual.

In the event of either error or omission, Visulate and any 3rd party data provider shall be held harmless from any damages arising from the use of records displayed on the site.